Teza Capital Management LLC Acquires Shares of 2,138 BWX Technologies, Inc. $BWXT

Key Points

• Teza Capital Management LLC invested approximately $211,000 in BWX Technologies, acquiring 2,138 shares during the first quarter.
• Multiple institutional investors have increased their stakes in BWX Technologies, with Vanguard Group and T. Rowe Price significantly boosting their holdings by 2.1% and 19.7%, respectively.
• Analysts have varied opinions on BWX Technologies, with a consensus price target set at $154.51 and ratings ranging from 'Strong Buy' to 'Hold'.

Teza Capital Management LLC bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,138 shares of the technology company's stock, valued at approximately $211,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BWXT. Stone House Investment Management LLC acquired a new position in BWX Technologies during the 1st quarter worth $31,000. Ameriflex Group Inc. acquired a new position in BWX Technologies during the 4th quarter worth $34,000. MassMutual Private Wealth & Trust FSB grew its stake in BWX Technologies by 200.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 354 shares of the technology company's stock worth $35,000 after purchasing an additional 236 shares in the last quarter. HHM Wealth Advisors LLC grew its stake in BWX Technologies by 34.5% during the 1st quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company's stock worth $38,000 after purchasing an additional 100 shares in the last quarter. Finally, Vermillion Wealth Management Inc. acquired a new position in BWX Technologies during the 4th quarter worth $40,000. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Stock Performance

Shares of BWX Technologies stock traded down $1.56 on Friday, hitting $168.54. The stock had a trading volume of 688,838 shares, compared to its average volume of 1,055,831. BWX Technologies, Inc. has a 52-week low of $84.21 and a 52-week high of $189.25. The company has a current ratio of 1.69, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. The stock has a market cap of $15.40 billion, a price-to-earnings ratio of 52.67, a P/E/G ratio of 3.85 and a beta of 0.75. The company's 50 day moving average price is $158.26 and its 200 day moving average price is $129.05.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its earnings results on Monday, August 4th. The technology company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.23. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The business had revenue of $764.00 million during the quarter, compared to the consensus estimate of $708.00 million. During the same period in the previous year, the business earned $0.82 EPS. The business's quarterly revenue was up 12.1% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, research analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, August 18th. BWX Technologies's payout ratio is presently 31.25%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BWXT. William Blair reaffirmed an "outperform" rating on shares of BWX Technologies in a research report on Wednesday, June 18th. Bank of America upped their price objective on BWX Technologies from $155.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, August 13th. Northland Securities began coverage on BWX Technologies in a research report on Wednesday. They set an "outperform" rating and a $205.00 price objective for the company. Truist Financial set a $145.00 price objective on BWX Technologies and gave the stock a "hold" rating in a research report on Tuesday, August 5th. Finally, Maxim Group reaffirmed a "hold" rating on shares of BWX Technologies in a research report on Wednesday, August 6th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $160.83.

Insider Transactions at BWX Technologies

In other BWX Technologies news, Director Leland D. Melvin sold 600 shares of the company's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $178.26, for a total transaction of $106,956.00. Following the completion of the sale, the director directly owned 5,579 shares of the company's stock, valued at $994,512.54. This represents a 9.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the company's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $177.43, for a total value of $371,183.56. Following the sale, the senior vice president directly owned 10,149 shares of the company's stock, valued at approximately $1,800,737.07. This represents a 17.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,953 shares of company stock valued at $5,359,758 over the last quarter. Company insiders own 0.47% of the company's stock.

About BWX Technologies

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.